AB PROJECT: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
AB PROJECT
Largest movements
- Receivables within one year -€719,536
down €719,536 (-93.8%), from €767,489 to €47,953
of which Other amounts receivable: -€747,121
- Cash +€171,463
up €171,463 (+1468.0%), from €11,680 to €183,143
mainly Receivables within one year (+€719,536) and Stocks and contracts (+€22,682)
- Stocks and contracts -€22,682
no longer reported in 2024 (was €22,682)
- Trade debts -€303,054
down €303,054 (-99.6%), from €304,118 to €1,065
- Other debts -€263,922
down €263,922 (-54.3%), from €486,004 to €222,082
- Gross operating margin +€8,217
up €8,217 (+86.3%), from -€9,518 to -€1,301
- Other operating charges +€1,866
up €1,866 (+3009.3%), from €62 to €1,928
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €801,851 | €231,096 | -€570,755 | -71.2% |
| Current assets | 29/58 | €801,851 | €231,096 | -€570,755 | -71.2% |
| Stocks and contracts in progress | 3 | €22,682 | - | -€22,682 | |
| Stocks | 30/36 | €22,682 | - | -€22,682 | |
| Amounts receivable within one year | 40/41 | €767,489 | €47,953 | -€719,536 | -93.8% |
| Trade receivables | 40 | €9,660 | €37,245 | +€27,585 | +285.6% |
| Other amounts receivable | 41 | €757,829 | €10,708 | -€747,121 | -98.6% |
| Cash at bank and in hand | 54/58 | €11,680 | €183,143 | +€171,463 | +1468.0% |
| Total equity and liabilities | 10/49 | €801,851 | €231,096 | -€570,755 | -71.2% |
| Equity | 10/15 | €11,728 | €7,948 | -€3,780 | -32.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,272 | -€12,052 | -€3,780 | -45.7% |
| Amounts payable | 17/49 | €790,123 | €223,147 | -€566,976 | -71.8% |
| Amounts payable within one year | 42/48 | €790,123 | €223,147 | -€566,976 | -71.8% |
| Trade debts | 44 | €304,118 | €1,065 | -€303,054 | -99.6% |
| Suppliers | 440/4 | €304,118 | €1,065 | -€303,054 | -99.6% |
| Other amounts payable | 47/48 | €486,004 | €222,082 | -€263,922 | -54.3% |
| Other operating charges | 640/8 | €62 | €1,928 | +€1,866 | +3009.3% |
| Gross operating margin | 9900 | -€9,518 | -€1,301 | +€8,217 | +86.3% |
| Operating profit (loss) | 9901 | -€9,580 | -€3,228 | +€6,352 | +66.3% |
| Financial charges | 65/66B | €520 | €551 | +€32 | +6.1% |
| Recurring financial charges | 65 | €520 | €551 | +€32 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,100 | -€3,780 | +€6,320 | +62.6% |
| Profit (loss) for the period | 9904 | -€10,100 | -€3,780 | +€6,320 | +62.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,100 | -€3,780 | +€6,320 | +62.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.